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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

1. Your company is part of the financial services industry and manages various types of transactions, such as Notional Amount on Trade Positions, Premium Amount, Premium Settlement, and Premium Sweep in their source system. While analyzing their source transaction system, you are asked to propose an event model, based on the activities performed by the company.
According to your analysis, what should the Notional Amount on Trade Positions, Premium Amount, Premium Settlement, and Premium Sweep transactions be defined as while registering the source system?

A) Event classes
B) Event types
C) Journal sources
D) Source systems

2. Your client, a banking organization, is currently using different transaction systems to take care of various types of loans, including vehicle loans, personal loans, education loans, and housing loans.
You recently uploaded the source system data that includes Loan Origination, Loan Interest Accrual, Loan Scheduled Payment, Loan Interest Adjusted, Loan Late Payment, and Loan Charge Off as event types.
Now the customer has asked you to add another transaction type called Loan Interest Accrual Reversal.
What should be your response to the customer?

A) A new transaction type cannot be added after the source system is registered.
B) Loan Interest Accrual Reversal can be added as a new event type from the user interface.
C) The source system should be registered again by including the Loan Interest Accrual Reversal event type.
D) Loan Interest Accrual Reversal can be added as a new event type by using the update spreadsheet template.

3. Which predefined role allows a user to manage the period close activities in the General Ledger (GL) application?

A) Financial Analyst
B) Chief Financial Officer (CFO)
C) General Accounting Manager
D) General Accountant

4. Your client has decided to implement Accounting Hub along with other Oracle-owned subledgers. They want to know about the predefined accounting methods that Oracle provides.
Which three are the predefined accounting methods?

A) Standard Accrual for Japan
B) Standard Accrual
C) Standard Accrual for USA
D) Standard Accrual for China
E) Standard Accrual with Encumbrances

5. Which is an alternate way to implement a mapping set rule?

A) Define a lookup type rule with conditions
B) Define a flexfield rule with conditions
C) Define a chart of account rule with conditions
D) Define an account rule with conditions

Solutions: